HSBC analysts suggest that the market was anticipating that the US Fed will turn neutral in 2019 and the USD was expected to weaken, but the market is slowly coming round to HSBC’s way of thinking who were holding the opposite way as of markets. Key Quotes “This week in particular has seen pivots from two of the G10 central banks shifting from normalisation to neutral. This is weighing on their respective currencies, and supporting the USD.” “The USD will benefit from currency weakness elsewhere, as the Fed’s pivot has already been fully priced in, in our view.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK’s Hammond: No-deal Brexit would deliver significant short to medium term hit to economy FX Street 4 years HSBC analysts suggest that the market was anticipating that the US Fed will turn neutral in 2019 and the USD was expected to weaken, but the market is slowly coming round to HSBC's way of thinking who were holding the opposite way as of markets. Key Quotes "This week in particular has seen pivots from two of the G10 central banks shifting from normalisation to neutral. This is weighing on their respective currencies, and supporting the USD." "The USD will benefit from currency weakness elsewhere, as the Fed's pivot has already been fully priced in, in our view." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
